New measures on council finance
The news that Nick Clegg will announce this afternoon new measures on council finance, to allow councils to borrow more against future income, will be hugely welcome to many Lib Dems here.
Probably more so than for the Conservatives or Labour, councillors are the bedrock of this party. Hundreds of them are here this week, a substantial chunk of the conference audience.
And many of them terrified they will lose their seats next May, especially when the effects of cuts on local government become fully known in a few weeks time.
So anything that can ease the financial problems of local authorities is bound to be hugely welcome amongst Mr Clegg's audience today.